A quieter July with the shelf still deep.
July produced a calmer read than June's rebound. The median pulled back slightly against last July while the count edged higher. The active shelf remained well above last July, the pace clock held nearly steady, and the percent-of-list ratio kept its strong level. Volume by dollars eased a touch on the slight price softness.
The pipeline going into August ran a little soft of last July's. The supply side continues to do its job, with new listings arriving comfortably above last year's pace. For the short read on where your home would price into this slower midsummer rhythm, my what is my St. George home worth page is the fastest place to start.